Axis Bank revises fastened deposit rates of interest. Latest FD charges right here

Private sector lender Axis Bank has revised rates of interest on fastened deposits (FDs) with impact from at this time (May 6). Axis Bank presents FDs throughout completely different tenures, starting from 7 days to 10 years.

After the newest revision, Axis Bank is providing an rate of interest of two.50% on FDs with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and fewer than 3 months, 3.5% for FDs between 3 months and fewer than 6 months. For FDs maturing in six months to lower than 11 months 25 days, Axis Bank provides a 4.40% rate of interest.

After the newest revision, for deposits maturing in 15 months to lower than 18 months, the financial institution will give 5.20% rate of interest.

For long-term deposits maturing in 2 years to five years, Axis Bank presents an rate of interest of 5.40%. And deposits maturing in 5 years to 10 years will fetch you an rate of interest of 5.75%.

Axis Bank newest FD rates of interest (under ₹2 crore) for common public with impact from 6 May 2021

7 days to 14 days 2.50%

15 days to 29 days 2.50%

30 days to 45 days 3%

46 days to 60 days 3%

61 days < 3 months 3%

3 months < 4 months 3.5%

4 months < 5 months 3.5%

5 months < 6 months 3.5%

6 months < 7 months 4.40%

7 months < 8 months 4.40%

8 months < 9 months 4.40%

9 months < 10 months 4.40%

10 months < 11 months 4.40%

11 months < 11 months 25 days 4.40%

11 months 25 days < 1 12 months 4.40%

1 12 months < 1 12 months 5 days 5.10%

1 12 months 5 days < 1 12 months 11 days 5.15%

1 12 months 11 days < 1 12 months 25 days 5.10%

1 12 months 25 days < 13 months 5.10%

13 months < 14 months 5.10%

14 months < 15 months 5.10%

15 months < 16 months 5.20%

16 months < 17 months 5.20%

17 months < 18 months 5.20%

18 Months < 2 years 5.25%

2 years < 30 months 5.40%

30 months < 3 years 5.40%

3 years < 5 years 5.40%

5 years to 10 years 5.75%

Axis Bank FD charges for senior residents

Axis Bank presents a better fee to senior residents on choose maturities. Senior residents will get an rate of interest starting from 2.5% to six.50% on deposits maturing in 7 days to 10 years.

Axis Bank has hiked numerous service prices for its financial savings checking account holders with impact from 1 May 2021. The non-public sector lender has elevated money withdrawal prices from ATM past the free restrict. Also, it has elevated the minimal stability necessities for numerous kinds of financial savings accounts.

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